May 10, 2024 - May 15, 2024

ABS Marine Services IPO Subscription Details

ABS Marine Services IPO Subscription Status Live

ABS Marine Services IPO subscribed 144.44 times. The public issue subscribed 110.24 times in the retail category, 109.30 times in QIB, and 270.94 times in the NII category by May 15, 2024 (Day 4).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	109.30	1,228,000	13,42,17,000	1,972.99
Non-Institutional Buyers*	270.94	922,000	24,98,03,000	3,672.10
Retail Investors	110.24	2,149,000	23,69,10,000	3,482.58
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	144.44	4,299,000	62,09,30,000	9,127.67

Total Application : 236,910 (110.24 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 410,000 equity shares not included.

ABS Marine Services IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 May 10, 2024	1.27	1.69	2.28	1.86
Day 2 May 13, 2024	1.28	6.80	9.87	6.76
Day 3 May 14, 2024	4.82	18.38	26.05	18.34
Day 4 May 15, 2024	109.30	270.94	110.24	144.44

ABS Marine Services IPO Shares Offered

ABS Marine Services IPO is a public issue of 6,550,000 equity shares. The issue offers 2,149,000 shares to retail investors, 1,228,000 shares to qualified institutional buyers, and 922,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,841,000	27.06	28.11%
Market Maker	410,000	6.03	6.26%
QIB	1,228,000	18.05	18.75%
NII*	922,000	13.55	14.08%
Retail	2,149,000	31.59	32.81%
Total	6,550,000	96.29	100%

ABS Marine Services IPO Anchor Investor Allocation

A total of 1,841,000 shares at a price of Rs 147 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	Capri Global Capital Limited	273,000	147	14.83	40,131,000
2	Moneywise Financial Investments Limited	137,000	147	7.44	20,139,000
3	Antara India Evergreen Fund Limited	137,000	147	7.44	20,139,000
4	Kingsman Wealth Fund PCC KIF - I	137,000	147	7.44	20,139,000
5	India Equity Fund 1	69,000	147	3.75	10,143,000
6	Rajasthan Global Securities Pvt. Limited	273,000	147	14.83	40,131,000
7	LRSD Securities Private Limited	273,000	147	14.83	40,131,000
8	HDFC Bank Limited	340,000	147	18.47	49,980,000
9	North Star Opportunities Fund VCC- Bull Value Incorporated VCC Sub Fund	202,000	147	10.97	29,694,000
		1,841,000		100	270,627,000

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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ABS Marine Services IPO Subscription FAQs

The ABS Marine Services IPO is subscribed 144.44 by May 15, 2024.